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Company:
BLK Global
Team:
Gabriele – Founder & MD:
MSc Marine Engineering, Head of Sales @ SeaTec. Sales, CRM, strategic planning, product development, project management, teamwork and team management, P&L responsibilities, resilience, commitment to continual improvement.
Aleksandra – Projects & Operations Director:
MSc Business, Director of the Lean Process Excellence Division @ Morgan Stanley. Process & people management, communication, leadership, project management, relationship building.
Mark – Commercial Manager:
MBA, member of the board of a number of companies. Entrepreneurship, mentorship, sales, business consulting & development, planning, risk management & governance, M&A oversight.
Web:
www.blkcommodities.com
Value Proposition:
At BLK Global we leveraged the power of the internet and the consolidated approach of e-commerce and applied it to the trading of commodities, raw materials and industrial supplies. Blkcommodities.com is an e-marketplace for materials, a simple, secure platform, allowing businesses to access directly the producers of raw materials. Easy to use system, containing all the tools small businesses need in one place: automated invoicing and PO generation, customisable reports to be used easily for bookkeeping, full order and RFQ management. SMEs can achieve competitive advantage by using the platform by leveraging their lower fixed costs and the open, transparent market to drive down their cost of sales as opposed to volume purchases.
Customer Segments:
UK small businesses in: Agriculture, forestry & fishing; Production; Construction; Wholesale. Micro (0–9 people) Small (10–49 people). Year 3 onwards: worldwide large commodity producers and traders, Market size: $4.4 tn, opportunity size @0.1% win rate = $52m
Market Traction:
The commodity market reached $4.4tn, growing @4% pa. Increasing world population, new larger energy requirements, growing raw materials demand being the main drivers. There is a lack of access, especially for small businesses, to the producers of raw materials and market is still reliant on an archaic business model made up of physical trading desks and heavy in overheads. We use e-commerce to make it simple for businesses to buy the materials they need, directly from the producers. Over 99% of British businesses are small, with 75% of these being one-man companies. People are comfortable buying online and they will use an e-marketplace to source conveniently the materials they need– directly from the producers, at their actual spot price.
Funding Stage:
Bootstrapped, looking for seed round
Funding & Investment to Date:
£10k
Investment Sought:
£500k - £800k
www.blkcommodities.com
Visit us on the Fintech Scotland Website
DISCLAIMER
The purpose of this Investor Showcase is to provide information on the business described above. The Investor Showcase is not a prospectus and does not constitute or form any offer or invitation to subscribe for, underwrite, or purchase securities, nor shall the Investor Showcase or any part of it form the basis of, or be relied upon in connection with, any contract relating to any securities unless expressly included hereafter.
WARNING
The content of this Investor Showcase has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this Investor Showcase for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested
BLK Global
Team:
Gabriele – Founder & MD:
MSc Marine Engineering, Head of Sales @ SeaTec. Sales, CRM, strategic planning, product development, project management, teamwork and team management, P&L responsibilities, resilience, commitment to continual improvement.
Aleksandra – Projects & Operations Director:
MSc Business, Director of the Lean Process Excellence Division @ Morgan Stanley. Process & people management, communication, leadership, project management, relationship building.
Mark – Commercial Manager:
MBA, member of the board of a number of companies. Entrepreneurship, mentorship, sales, business consulting & development, planning, risk management & governance, M&A oversight.
Web:
www.blkcommodities.com
Value Proposition:
At BLK Global we leveraged the power of the internet and the consolidated approach of e-commerce and applied it to the trading of commodities, raw materials and industrial supplies. Blkcommodities.com is an e-marketplace for materials, a simple, secure platform, allowing businesses to access directly the producers of raw materials. Easy to use system, containing all the tools small businesses need in one place: automated invoicing and PO generation, customisable reports to be used easily for bookkeeping, full order and RFQ management. SMEs can achieve competitive advantage by using the platform by leveraging their lower fixed costs and the open, transparent market to drive down their cost of sales as opposed to volume purchases.
Customer Segments:
UK small businesses in: Agriculture, forestry & fishing; Production; Construction; Wholesale. Micro (0–9 people) Small (10–49 people). Year 3 onwards: worldwide large commodity producers and traders, Market size: $4.4 tn, opportunity size @0.1% win rate = $52m
Market Traction:
The commodity market reached $4.4tn, growing @4% pa. Increasing world population, new larger energy requirements, growing raw materials demand being the main drivers. There is a lack of access, especially for small businesses, to the producers of raw materials and market is still reliant on an archaic business model made up of physical trading desks and heavy in overheads. We use e-commerce to make it simple for businesses to buy the materials they need, directly from the producers. Over 99% of British businesses are small, with 75% of these being one-man companies. People are comfortable buying online and they will use an e-marketplace to source conveniently the materials they need– directly from the producers, at their actual spot price.
Funding Stage:
Bootstrapped, looking for seed round
Funding & Investment to Date:
£10k
Investment Sought:
£500k - £800k
www.blkcommodities.com
Visit us on the Fintech Scotland Website
DISCLAIMER
The purpose of this Investor Showcase is to provide information on the business described above. The Investor Showcase is not a prospectus and does not constitute or form any offer or invitation to subscribe for, underwrite, or purchase securities, nor shall the Investor Showcase or any part of it form the basis of, or be relied upon in connection with, any contract relating to any securities unless expressly included hereafter.
WARNING
The content of this Investor Showcase has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this Investor Showcase for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested
